Aramco Steps Up Petchems Challenge To Sabic

For many years the unchallenged dominant player in Saudi petrochemicals, Sabic will this year see new competition from two large-scale joint ventures under development by state petroleum giant Saudi Aramco.

First to be completed will be the 3.22mn tons/year Sadara joint venture with US firm Dow Chemical, with the 2.6mn t/y Rabigh 2 venture with Japan’s Sumitomo due to start up units this year and next. This week Sadara signed up its third customer within the adjacent PlasChem Park, in its fourth chemicals supply agreement.

Sadara will supply ethylene oxide (EO) and propylene oxide (PO) by pipeline to Surfactants Detergent Company (SDC), a joint venture of Saudi firms Ahmad K Al-Amoudi and Maydan Industry with Korean technology provider SFC, which is building a detergents plant within PlasChem.

Although the volumes of feedstock to be supplied to SDC have not been revealed, Sadara signed an earlier deal with the Energy Chemical Sources joint venture between US firm Halliburton and Saudi conglomerate Taqa, which is building a plant within PlasChem to produce oilfield chemicals. (CONTINUED - 503 WORDS)


table Saudi Petrochemicals Projects